Calculate the Dividend Yield for the Year Ending 30 June

question 42

Multiple Choice

Calculate the dividend yield for the year ending 30 June 2019 using the following information: interim dividend was 8c per ordinary share; the final dividend 12c per share; and the market price per share on 30 June 2019 was $6.00.

• A) 2.18%.
• B) 3.33%.
• C) 33.33%.
• D) 30.00%.

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Definitions:

Hagfish

Jawless marine fish known for their ability to produce a large amount of slime or mucus when disturbed.

Swim Bladder

Of many ray-finned fishes, a gas-filled organ that adjusts buoyancy.

Buoyancy

The upward force that supports objects in fluid, preventing them from sinking.

Ray-Finned Fish

Jawed fish with fins supported by thin rays derived from skin; member of most diverse lineage of fishes.